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Search Results 0 to 33 of about 34 (some duplicates have been removed)
. john boehner couldn't pass with house republicans the idea of raising taxes only on those making more than a million dollars. the president has insisted throughout that $250,000 had been his limit. it's bumped up to $400,000. but even when they were within just a couple hundred billion dollars, which seems like a lot to you and me but it is not a lot in the language of washington, then they went opposite directions an enwhere the political particular sis stands at this moment. >> all right. peter and alexander, thank you good sir. joining me now karen bass of california. congresswoman, good to see you and nice to see you there from the capitol. you are still in california because house members, again, haven't been called back and given the 48-hour notice to my knowledge. have you? >> exactly. i have flights scheduled every day waiting for that notice to come. i think it is a shame. i think the house should be back in business in d.c. right now. the senate's in session. there's no reason for us to be at home. >> i want play another one of senator reid's comments leveled at speaker boeh
connell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority leader harry reid said he doesn't see how it can get done by january 1st. we heard from president obama before he left from his vacation that he was optimistic. logistically the white house will tell you it's possible. when you listen to what you're hearing some of these congressional leaders say, there's a lot of posturing laying blame to the other side if we do go over the cliff. take a listen. >> republicans are not about to write a blank check for anything senate democrats put forward because we find ourselves at the edge of the cliff. >> we are here in washington working while the members of the house of representatives are out watching movies, watching their kids play soccer, basketball, doing all kinds of things. they should be here. >> now, house speaker john boehner is saying the senate needs to just take up a house pass bill that has already passed t
an hour. afterwards president obama said he was modestly optimistic. by passing house speaker john boehner who has had trouble getting his fellow republicans to agree to anything, the president called on senate majority and minority leaders harry reid and mitch mcconnell, to lay out a deal. >> if we don't see an agreement between the two leaders and the senate, i expect a bill to go on the floor. and i have asked senator reid to do this. put a bill on the floor that makes sure that taxes on middle class families don't go up. that unemployment insurance is still available for two million people. and that lays the ground work for deficit reduction and economic growth steps that we can take in the new year. but let's not miss this deadline. >> as for the leaders they sounded a bit more hopeful than the president. >> i think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it is a very serious meeting and it would take an extended period of time as you know, waiting for us. >> i share the view of the majority leader. we had a g
, that's actually all up to john boehner, as i see it, because if we were to decide to bring the president's most recent small car compromise to the house i actually believe it would pass. the problem for him it would probably pass with mostly democrat vote, but i think it could get through the senate. that's the only scenario i see by which we avoid going over the cliff. >> wait a minute. >> at least temporarily. >> wait a minute, jared. john boehner said it's up to the president and harry reid so are both sides standing at the precipice waiting for each other to make the next move. >> not really. it really is all up to john boehner to decide whether he wants to bring this vote to the house floor. if he doesn't, i would put on either your cliff bungee cord or your cliff parachute and that's actually an important difference. >> we would like a bungee cord and a parachute. >> right. >> but i would like to know maybe we have neither. what do you think happens to the market, matt, in either scenario, deal or no deal? >> i can't imagine we're going to get a deal done with any sig
that john boehner and the president would discuss things, they would go back to their party. plan b, his caucus said no. things took a different turn today. we heard from a number of democrats, including robert reich on the show just a while ago, but we heard from democratic senators who said everyone is worrying about republicans saying no to this deal. there may be enough democrats to want to say no to it. is there a threat that the democrats might settle the deal? >> that is the concern. now, it's not something that the white house is opening talking about, but that is exactly why there is sort of this pressure to get this resolved right now, because there's momentum, they want to act on it fast, get it done, get it done because if we go over the cliff, democrat s will feel they have more leverage to settle the deal and draw this out into a longer battle. i will point out to you that the treasury secretary has already sent out a letter saying he's taking extraordinary measures now to extend the nation's credit because our debt limit has been reached. so we are already in this period w
to the call of the chair. >> reporter: congress recessed after republicans rejected john boehner's compromise. he proposed letting tax cuts expire for those making over $1 million a year. other republicans say it's time for a deal. >> i agree with him. i don't think we ought to increase taxes on anyone. however, we're now at a point where we're not going to get what we think is right for our economy and our country. >> with congress coming back, the president will also reportedly cut short his holiday vacation in hawaii. democrats hope mr. obama will continue to fight for a complete agreement, not just a temporary patch. >> i definitely hope that he can and will continue to push for as big a deal as possible, but you've got to remember now, we're just a few days away. >> if no deal is reached over 2 million americans will lose their jobless benefits and workers will see a 2% cut in take home pay as social security payroll taxes go up january 1st. jennifer johnson, nbc news, washington. >> well, around this time of year, there is a big surprise that happens on the rockefeller center ice skatin
days before the u.s. goes over the fiscal cliff. speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> now, a new reuters poll shows americans blame republicans more than democrats or president obama for the fiscal crisis. and when asked who they held more response, 27% said the gop, 6% pointed to the dems and 30% said all of the above. for more on this, we're joined by christian schultz from barronberg bank. welcome. so we're going over the fiscal cliff. >> well, the consumer confidenc already be over the cliff in terms of confidence already. that might already be the first impact of the crisis of -- not of the crisis,
. the plan is to present it to the full senate for a vote on sunday and send it to the house and hoax john boehner was at the capitol and left with no comment. both sides remain at odds over the democrat's insistence that the wealthy pay more in taxes. >> the president's tax hook would only fund the government for eight days. americans deserve to know what is the president -- what does the president propose we do for the other 357 days of the year. >> reporter: president obama insists his plan on the table is fair and includes plenty of cuts to government spending. >> we just can't afford a politically self-inflicted wound to our economy. >> reporter: if sunday's negotiations don't pan out, the president said he's ready to propose his own scaled-back bill that would block tax increases for all but the wealthy. and preserve expiring unemployment benefits. with the deficit ticking ever higher, patience is wearing thin. >> for those of us who invest in the stock market, it's disgusting to watch them jockey around with our money. >> reporter: missing in all the last-minute negotiations is talk
freedomworks. he denounced house speaker john boehner's decision to kick four tea party-backed congressman out of key committee assignments. >> i'm out there because i had serious concerns about the ethical and moral behavior of the senior leadership. i don't particularly want to discuss that at length. i think it will be resolved. i am consoled by my certain knowledge that time wounds all heal. it has nothing to do with john boehner's misguided steps that he could discipline his colleagues in this conference, all of whom were elected as republicans on the republican ticket, or the notion that people have been dreaming about since 2009 that the tea party will dry up and blow away. these tea party activists are people with long standing commitment to ideals and note their activism matters. they will be there and the next election cycle. >> that was former house majority leader dick armey. freedomworks has been pivotal force behind the victories of tea party candidates are recent years. the money for dick armey's exit came from illinois billionaire richard stephenson, founder of the for-profit c
republicans. >> reporter: all eyes now turning to the possibility since speaker john boehner was not able to get enough republican votes to move forward with a plan late last week, that maybe now the senate will have to workout a compromise between harry reid, mitch mcconnell the democratic and republican leaders, and the president who is here in hawaii when you talk to his staff they say it's very likely some time after spending christmas with his family, whether it's the middle or later part of this week he's likely to head back to washington to sit down with congressional leaders and try to work this out. >> reporter: it's a bit encouraging for a lot of folks who were wondering about that question. i'm curious is there anyone on the island that is critical to the fiscal talks that joined the president on this trip or is everything being done electronically? >> reporter: most electronic leave. the one interesting point is when i mentioned the memorial service for senator inouye the person giving the oo eulogy was harry reid. they may have got even a chance for a little private time. the
it's not as if he doesn't have an awfully strong hand to play. if it's a deal john boehner can accept, frankly, i think it will be passed in a bipartisan manner with a strong majority. if earn he's not neutral or favorable, his chances will be a lot slimmer. >> we will find out in the morning whether any progress came out of the senate leader mitch mcconnell's meeting with vice president joe biden. >> we've been asking you, our viewers, to send in your thoughts, your messages to elected representatives. so let's close tonight with some advice from one of you to washington. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, bring a balanced budget to the table to grow this economy for the long term not the short term. >> there you go. for the long term, not the short term. >> there you go. i'm don lemon. happy new year to you. jooirksz . >>> hello, i'm don lemon and this is cnn's top 10 of 2012. we look at the stories that captured our attention, what we see as the biggest
to do something to keep the oce going? >> well, let's see, the republican house speaker john boehner, the democratic minority leader, nancy pelosi, have to nominate new board members and approve one another's selections. both have said they're going to do it, but so far, there's been little movement on either side, randi. >> and when does the reauthorization of the board members need to get done? >> the terms of the outgoing board members expire on december 31st. for the oce to keep going, people need to be in place by the end of the year, which means congress needs to get going in the current lame-duck session. >> so in terms of how this works, though, the oce refers its investigations to the house ethics committee, right? some critics say the oce is an unnecessary duplicate body, really. are they right? >> that's exactly right. oce is an outside nonpartisan group that investigates ethics allegations and reports those findings to the ethics committee, usually recommending either to look into the matter further or just drop the case. the reasons nancy pelosi pushed for it and the hou
pass. >> so harry reid there calling house speaker john boehner a dictator for not bringing a bill to the floor that would extend the bush tax cuts for all those who make less than $250,000 a year. now that bill if it was brought to the house floor would have to pass with democratic votes. speaker boehner has said that he wants to pass something ultimately that can be con by t done by the majority of the majority. >> i don't understand how you can call him a dictator when he can't get his own bill passed. that doesn't make any sense to me. if he was a dictator, he could have done it. >> what we're watching here is a lot of finger pointing. the house side wants the senate to do something. the folks on the senate side said, wait a second, john boehner is who to blame. at the white house, they're pointing their finger at capitol hill. there's a lot of finger pointing but not a whole lot of action. >> all right, eamon. thanks so much. >> you bet. >>> as negotiations continue on washington, that is a bit of an overstatement, check wall street, the fear index is spiking as the markets dr
. it was the last offer from the president to john boehner, the house speaker, before negotiations collapsed. it would do a few other thing like take care of the alternative minimum tax, protect taxpayers from the expansion of that burden. it would also raise medicare reimbursements for doctors or prevent them from falling, rather, extend unemployment benefits. the irony is that this is a much worse deal for republicans than they could have had earlier because it's not likely to include spending cuts or reforms of entitlement programs. at this point, republicans are knowing that they'll lose the tax debate are trying to figure out what are the least bad terms they can lose on. >> you mention that income level of $400,000. earlier, the speaker of the house had floated what he called the plan b that would allow cuts to expire on those making $1 million or more. republicans would not support that. why would they support this? >> well, many of them will not support this. but the dynamic that they're looking at is one that if you have a bipartisan bill go through the senate and a significant numb
. a lot of negotiations have been between the president and speaker john boehner. >> november 16 was the last time and the only time they met. it's going to happen? we expected bombshell announcement? no. the thing to watch is are they going to keep talking? will these they are we going to see everyone tomorrow? in 1994, they would go to andrews air force base, can't david, but they would keep talking. -- camp david, and it would keep talking. what will happen on the floor of the house and the senate? the senate has to take a pay bill, and then it, and send it back. when they agreed to that? a third thing we need to watch is the tone. if everybody says they're hopeful, that is important i go back to last friday, after speaker boehner's plan b, which would have taxed millionaires had a higher rate, fizzled. he had a press conference that was angry and criticizing democrats, but at the end he said he was hopeful, and that was the news. host: maybe we should send your dog in the meeting. guest: she wants to know who will pay for dog food next week. host: if there is no agreement, wh
is the politics around that? >> well, john boehner, and it is important to understand that the incentive structure is different for the rank and file and back bench. if you are john boehner, you are more susceptible to the wall street pressure and the can't ter and the people who are aspiring to run for something bigger like paul ryan have a bigger ip sensitive, too. and right now, boehner wants to get re-elected speaker, and so he is trying to walk away from the deal as much as possible to not jeopardize the speakership. so he has technically thrown it to the senate. constitutionally it has to go through both houses. >> just constitutional ly. minor detail. >> and boehner is constitutionally dammed because he is getting out of it and burned too much. so if reid and mcconnell can get through the deal that is not filibustered, they have to amend a bill in the house that extends the tax cuts for everybody, and gut that bill, because it has to emerge from there, and then fill it, and hope and pray that boehner can find 30 republicans to vote for it. >> that is the story that you feel when the preside
speaker john boehner failed to get his own bill through the house. so now things are in the s senate's court. leaders there will have to come up with a compromise to avert the tax hikes and spending cuts set to go into effect during the first of the year. president obama had been working with house speaker john boehner, trying to get a big deal, but talks fell apart. so hopes for that have all but faded, the president conceding he would accept a smaller measure as long as it includes taxes going up on the wealthiest americans. if the country goes over the cliff, economists warn it could be dire. the average american would wind up paying about $2,000 more in taxes and eventually, savannah, if we go over the cliff and stay there, the economy could dip back into recession. now, lawmakers are also headed back to d.c. in fact, the senate is back in session tomorrow. savannah? >> short holiday. lot of work to do. kristen welker in honolulu. thank you. willie? >>> former president george h.w. bush spent his christmas in a hospital after a series of setbacks delayed his release. janet shamli
side under the leadership of speaker john boehner. i've talked to a couple of republicans this morning who are fairly optimistic that whatever comes out of the senate, whatever that deal is, it will pass the house this afternoon. although hard-core republican anti-tax folks are not going to vote for it. it still would likely have enough votes to pass. that's at least the mood of some folks i'm talking to today. guys, one of the big questions that's unresolved here was raised on a conference call with ceos arranged by the white house on friday night, on that white house conference call with ceos. one of the ceos asked tim geithner, i'm told by a participant on the call, whether a small deal would be enough to are prevent ratings agencies to downgrade u.s. debt. i'm told by this person on the call that the administration's response to that, they think a small deal would in fact be enough, but they wouldn't speak for the ratings agency. still a big unknown hanging out there, guys. >> and we know about some of the tough conversations we'll have 30 days from now, 45 days from now, eamon. it
mitch mcconnell, house speaker john boehner and house democratic leader nancy pelosi met at the white house yesterday afternoon with the president and vice president. here's where things stand right now. the senate leaders are meeting aiming to avoid tax hikes. and they may vote on a deal sunday or perhaps on monday. jessica yellin is our chief white house correspondent. lisa day jar dayne is on capitol hill. the president used his bully pulpit to reinforce the idea that senators need to get busy. so let's listen. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable, why everything always has to wait till the last minute. we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. >> so jessica, you were in the room for the president's remarks. on a scale of 1 to 10, let's measure the anger perhaps that
because it's really, we've seen tensions escalate ever since before christmas when john boehner was not able to get a deal through the house where he has a very strong republican majority. he had a rebellion amongst some of his fellow conservatives. that is what held it up. senator harry reid as you say was very rough going directly after boehner yesterday. take a listen. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of the house of representatives to get what they want. >> reporter: the word dictatorship not sitting well at speaker's office of the as you can imagine his spokesman putting out a tough statement of his own saying quote, senator reid should talk less and legislate more. the house already passed legislation to avoid the entire fiscal cliff. senate democrats have not. there you go. the senators saying the house to act. the speaker's office saying senate has to act. there is pressure building on the pr
back from hawaii. speaker john boehner has not even committed to bringing the house back into session. the senate will come back on thursday. and not deal with the fiscal cliff but deal with spending bills to clean up new york and connecticut and new jersey from hurricane sandy and reauthorize some intelligence bills. so i mean, there's no real deal in the offing. there's nothing going on behind the scenes that would lead us to believe that anything would get done before january 1. >> all right. josh, out to you. obviously a lot of the discussion has been around the kind of deal that we would get if we do get something. if a deal does come through, it -- more likely will not be comprehensive, right? there's going to be a lot of negotiating that occurs after the first of the year. i guess my question to you is, does this leave the markets open to turmoil and more volatility as we head into january? >> the markets are going to be left open to turmoil and volatility, period. what we've seen is that despite the stakes getting higher, this isn't a game of poker but one of go fish. and no o
-minute deal towards the so called -- to avoid the so-called fiscal cliff has finished. john boehner was at the white house today trying to reach an agreement to avoid hundreds of billions of dollars of tax increases and spending cuts. no statement is expected anytime soon. we go live now to washington to war correspondent, ben. >> all of the participants at this meeting left without a word. i don't think we will hear from them the rest of the day. there is a great deal at stake and very little time left. it has been reported that president obama presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means perhaps heading back into recession? >> yes there is little doubt in washington about the seriousness
to meet with house speaker john boehner, minority leader nancy pelosi, senate majority harry reid and minority leader mitch mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do we know about the president's plan to get everybody in the same room? do we think there's going to be something that comes out of this? >> reporter: well, this is one of those cases where we really are going to have to wait and see, and all the parties involved are also going in with a big question mark. the idea is the expectation by many of the participants in the meeting is that they hope that they will be able to discuss more details about a scaled-down fiscal cliff plan. and maybe that could lead to some sort of agreement ideally for all parties in which all the senators say that they will not filibuster it, and it can go to a vote. and then speaker boehner could, in theory, agree to bring it to a vote on the house floor after the house comes back on sunday. and then we would get all of this behind us before new year's eve. how likely does that sound? not so likely. >> yo
. >> reporter: those comments cap aa week in which house speaker john boehner and president obama seemed close it to getting a deal, which included tax reform and deficit reduction. the talks fell aaparpaapart. >> how we get there god only knows. >> speaker boehner tried to pass an alternative bill that allowed tax rates to rise on those making a million dollars or more. >> they weren't taking that out on me. they were dealing with the perception that somebody might accuse them of raising taxes. >> reporter: before jetting off to hawaii, president obama was prepared to accept a smaller deal as long as it prevented taxes from going up on middle class americans and extended unemployment insurance. >> i expect democrats and republicans to get back to washington and have it pass both chambers, and i will immediately sign that legislation into law before january 1st of next year. >> reporter: but americans say the uncertainty in washington is casting a cloud over their holidays. >> they are responsible for the well-being of all americans, and right now they're more woern wored about politics. >> i
to d.c., carol, you'll recall when talks fell apart last week between house speaker john boehner and the president as the president departed for hawaii he talked to reporters in the briefing room and he said "see you next week" so i think we had a sense he would be coming back earlier than initially planned and it was just a matter of when, not if, and he'll be heading back tonight, that's local time so he'll be traveling overnight, it's quite a long flight, nine or ten hours and he'll be back in d.c. by thursday late morning. >> any behind the scene talks over the holiday? >> reporter: right now the white house has been in communication with senate democrats but i've checked in with my sources even this morning, republican sources and they're still not in touch with senate democrats or the white house, so that's pretty key. i guess you can understand it right now the white house and senate democrats are trying to cobble something together as they work towards putting forth a proposal. ultimately it needs republican support in the senate and the house. those discussions have to t
and gentlemen, the honorable john boehner. [applause] >> ladies and gentlemen, welcome to the united states capitol. i want to say how much i appreciate you all be near. -- being here. on behalf of my colleagues in the united states congress, i will ask that you all join me in a moment of silence in tribute to ambassador stevens and the united states personnel who were killed in libya at this morning. thank you. since the days of the american revolution, congress has commissioned gold medals as the highest expression of appreciation for distinguished achievements. the first recipient was general george washington in march of 1776. today, we will present a congressional gold medal to arnold palmer of the commonwealth of pennsylvania. those of you who participate in these events regularly may notice the stage is set up a little differently than usual. we thought it would be more fitting to do so on this side of the rotunda and honor some of the presidents of that arnie knew so well. president gerald ford used to say "you know arnie's army." few."p is "ford's president ronald reagan. and of co
to the house it got stuck, so senator inhofe and i and senator reid went over to meet with john boehner and chairman mica and we all agreed we'd get it done. neither side got everything they want and anyone who takes that position in my opinion is not putting country fst. i don't care whether they are republican, a democrat, or anything else. we are not each of us going to get everything we want. lord knows. there's a lot i could do if i had a wand and could make it happen. but everybody has a different view of exactly how to go forward and i think we're being tested here. so i know it's tough going, and i know if we don't get a deal, it doesn't stop there, we'll keep on working. but there is no reason on this beautiful god'sreen earth why we can't get a deal here. if everyone is sincere in saying they want the middle class could be protected, we can get a deal here. president obama says $250,000 is the line, maybe i think $350,000 is the line, maybe someone else $500,000, maybe somebody else $150,000. we can meet somewhere and cut that reason somewhere in the middle. and save this coun
if john boehner and mitch mcconnell are in sync on believing that the tax issue should completely be taken off the table. if there's no deal today, they'll cut taxes in three days when there's a new congress. >> focusing back on the senate, how important is vice president biden? >> the only person with any sort of warm relationship with mitch mcconnell is joe biden. the president doesn't have one. harry reid and mitch mcconnell do have one, it's on again, off again, but it can deteriorate quickly as we saw yesterday. biden is important. if there's anybody with a personal relationship in the white house -- if you can fault the white house for one big thing, it's the lack of developing a personal relationship with mitch mcconnell, between the president and him. there is one between joe biden and him. >> chuck todd, thanks. >> you got it. >>> let's get to the morning's other top stories. andrea canning is in for natalie at the news desk. good morning. >> good morning. and happy almost new year's to you. and happy new year's to you at home. authorities are hoping to speak with a seriously inju
the house will do. and the last time john boehner tried to put something on the floor, his caucus rebelled. he'd have to let the house vote its will. >> but you agree if the president of the united states supports it, most of the house democrats will support it. so you don't need a majority of the republicans, you need a few republicans to get to that magic number of 218. >> exactly. obama and pelosi seem to have a firm grasp on the house democrats. it's just a matter of getting it to a vote in the house. what's happened over the course of the day is we had this seesaw. when details leak out, that angers democrats, they go back to the negotiating room and fight for a bit more. then some details leaked out that there weren't enough spending cuts. that angered republicans. obama's comments angered republicans. so i think they're back in the negotiating room, republicans pushing harder on the spending cuts side. that's what we've seen through the the day. >> ali, based on my years of covering washington, the longer there's no final vote in the senate and house, the more likely this whole thin
to give on anything and lose some of his base if he feels that boehner can't even deliver his own package. so they greet it a little more negatively than the full market. >> on the side of senator john bar oso said over the weekend, said the president senses victory at the bottom of that cliff. in other words, if they can't deliver on the cliff, most people blame republicans anyway. so politically there is some argument to be made for going over. >> well, yes, it would seem to favor the white house. so that might be tempting. on the one side, as i say, no sense giving in if you think the man you're negotiating with can't deliver anything. it could get to be very difficult. again, we're watching for little signs like, will the treasury ask companies to change the withholding. if not, then they're assuming that the trip over the cliff is going to be very, very brief. so we'll see how -- >> if they don't, though, that suggests it might be a longer run over this cliff. >> oh, if they do come in and say we'd like you to take another look at your withholding, then that would mean they may be lo
Search Results 0 to 33 of about 34 (some duplicates have been removed)

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